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Dec 6, 2012
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you've said that jobs in the u.s. are produced by capital investments and equipment in software, not those marginal tax rates. is that the argument? is that why you feel that those are so important in terms of changing the tax code? >> sure. i gave a speech today at the economic club. i put up a chart that shows the relationship of private investment and equipment in software. it looks like railroad tracks. residential investment and government infrastructure, which is way down from historical levels, and business structures investment, that's important, but the locomotive that pulls our economy is investment in equipment and software. whether it's for an oil cater in the basis or a high-tech start-up buying servers and routers and things of that nature. it's our reduced level of capital investment that's produced our low gdp growth rates and our high unemployment. and high tax rates at the corporate level worldwide are directly related to high unemployment levels. you've got to stimulate investment in the united stat
you've said that jobs in the u.s. are produced by capital investments and equipment in software, not those marginal tax rates. is that the argument? is that why you feel that those are so important in terms of changing the tax code? >> sure. i gave a speech today at the economic club. i put up a chart that shows the relationship of private investment and equipment in software. it looks like railroad tracks. residential investment and government infrastructure, which is way down from...
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Dec 7, 2012
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the u.s. dollar and the euro are about the same. basically, you want to watch the ten-year treasury interest rate. it's been going down this week. you always show that at the end of the week. gold has basically been very quiet. you're waiting for the dough here. you're looking for the market to give you a sense of where the economy is going. >> we're waiting for green lights. do you feel when all is said and done, no matter how much we talk about, you know, how the end of the world would arrive if we went over the fiscal cliff, people in the market basically his surely they can't be that done. they're assuming it's going to get done. >> i think the markets are saying -- it's balanced 50/50. my personal opinion is it's a higher chance it won't happen. just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. th
the u.s. dollar and the euro are about the same. basically, you want to watch the ten-year treasury interest rate. it's been going down this week. you always show that at the end of the week. gold has basically been very quiet. you're waiting for the dough here. you're looking for the market to give you a sense of where the economy is going. >> we're waiting for green lights. do you feel when all is said and done, no matter how much we talk about, you know, how the end of the world would...
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Dec 5, 2012
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we're about 55% in the u.s., 25% in developed non-u.s., and 25% in emerging. those emerging and developed non-u.s. numbers we pushed up back in october. >> how much risk do you think you're taking by going overseas like that? we hear people say how undervalued they feel the u.s. market is and what a mess many of those emerging markets are right now. >> it's interesting. quite frankly, a lot of the emerging markets have underperformed quite significantly in the past year. >> isn't that appropriate, though, given the fact the growth rates have come way down? >> absolutely growth rates have come down. if you look at the underlying trend in the growth rates and the pmis coming out of those countries, they probably bottomed back in the summer, probably in august and september. they're beginning to creep back up now. >> you think we'll see back to the highs in terms of the growth rates and places like brazil? >> i think we're looking at 5% to 6%. that's probably better than 2% out of the u.s. >> absolutely. >> eric, what's your best idea right now? >> well, i think
we're about 55% in the u.s., 25% in developed non-u.s., and 25% in emerging. those emerging and developed non-u.s. numbers we pushed up back in october. >> how much risk do you think you're taking by going overseas like that? we hear people say how undervalued they feel the u.s. market is and what a mess many of those emerging markets are right now. >> it's interesting. quite frankly, a lot of the emerging markets have underperformed quite significantly in the past year. >>...
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Dec 14, 2012
12/12
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allen tunnelson is the research fellow at the u.s. business and industry council and author "race to the bottom." he says piracy is so pervasive in china that no company's technology is safe. welcome to you both. i'm just stunned, max, that i get fake iphones, but you have fake iphone stores as well? how does that happen? >> the whole constellation of apple approximate, the pads, ipads, ipods, is subject to this. and as many american companies including starbucks, iconic american brands, face nasty piracy which gets an official blind eye and sometimes get a rap on the knuckles but this is a major issue with billions of dollars and thousands of jobs at stake. apple is not the only one, but they have certainly suffered here and the status symbol that goes with the brand ownership makes this a little worthwhile in the kind of upside down thinking of the piracy system which is fairly well articulated in china. >> and what impact do you think this does have on sales when you have this kind of piracy ahead of the official launch of a produc
allen tunnelson is the research fellow at the u.s. business and industry council and author "race to the bottom." he says piracy is so pervasive in china that no company's technology is safe. welcome to you both. i'm just stunned, max, that i get fake iphones, but you have fake iphone stores as well? how does that happen? >> the whole constellation of apple approximate, the pads, ipads, ipods, is subject to this. and as many american companies including starbucks, iconic...
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Dec 10, 2012
12/12
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i'd say own the entire u.s. stock market. or if you wish, with some seasoning from the emerges markets or the developed markets of the world. own the market, if you will. because that way you know you will capture almost all the market's return. you will not capture the market's return if you trade with one another because of that hump taken out of your market by wall street. >> do you have some specific advice for our viewers going into 2013? how would you invest for 2013? >> i would invest in 2013 the same way i did in 2012. and i'd invest the way in 2014 the same way in 2013 sfp. >> so the same thing is going to work over and over again? >> there are a lot of things that are going to surprise us in any period. always do, always have, always will. but if we just hang in there, get our asset allocation right, you're going to want some bonds. even at today's terrible interest rates. so today i'd lean toward corporate bonds or corporate bond index rather than government bonds. but some bonds, some stocks, general rule of them
i'd say own the entire u.s. stock market. or if you wish, with some seasoning from the emerges markets or the developed markets of the world. own the market, if you will. because that way you know you will capture almost all the market's return. you will not capture the market's return if you trade with one another because of that hump taken out of your market by wall street. >> do you have some specific advice for our viewers going into 2013? how would you invest for 2013? >> i...
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Dec 21, 2012
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the u.s. is slowing, so you want to basically have some of your big technology stocks. you want to have some oracle, you want to have some apple. apple has sold off here. buy some. if apple gets approval for the china mobile contract, and the television, the smart television which are both expected, anticipated this year, we're looking for earnings this coming year of $50. $50 times 14 is $700 price target. we have a $720 price target, bill. so we've put apple, qualcomm, microsoft, oracle, and your big club stocks. all of those have done well this year. the big winners of this month, the banks have come on super strong. china ma and japan. and i think you can start to nibble a little on china and japan, as well. >> michael, is there an argument to be made that you don't want to touch stocks right now until you have some clarity on this fiscal cliff? just in case we see a big sell-off? >> there is, but i'll argue, too, that you're talking about $600 billion being sucked out of the economy next year. the s&p made $20 trillion. while we are looking at the fiscal cliff coun
the u.s. is slowing, so you want to basically have some of your big technology stocks. you want to have some oracle, you want to have some apple. apple has sold off here. buy some. if apple gets approval for the china mobile contract, and the television, the smart television which are both expected, anticipated this year, we're looking for earnings this coming year of $50. $50 times 14 is $700 price target. we have a $720 price target, bill. so we've put apple, qualcomm, microsoft, oracle, and...
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Dec 19, 2012
12/12
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that's how much it's estimated that the u.s. health care system throws away on just unnecessary care, wasteful spending and downright fraud. take this back brace, for example, medicare pays over $900 for a product that you could find online for less than $250. >> well, this is all according to a new government report, and while this may seem like one small example, it all adds up. first a question of what your tax dollars are paying more and there's only so much wasteful spending that can be cut. diane, first to you. how in the world can this happen? how does medicare not know what in the world they are paying for? >> well, i think that when you have a government program providing all these things it's very difficult to get costs down. that's why it's important to have competition among providers of medicare, like with the federal employee health benefits plan so seniors can choose a particular plan within medicare, a plan pre-approved by the government. they all compete for seniors. they all compete for seniors' business. that
that's how much it's estimated that the u.s. health care system throws away on just unnecessary care, wasteful spending and downright fraud. take this back brace, for example, medicare pays over $900 for a product that you could find online for less than $250. >> well, this is all according to a new government report, and while this may seem like one small example, it all adds up. first a question of what your tax dollars are paying more and there's only so much wasteful spending that can...
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Dec 27, 2012
12/12
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so the tax cuts and spending cuts, there's fear of another u.s. debt downgrade by the major rating agencies. >> will that happen, and will it derail any hopes of a real economic recovery? in today's "closing bell" exchange lee munson and jared bernstein, cnbc contributor and former chief economist under vice president joe biden. we'll hopefully get andrew in a second, and we also have rick santelli who joins us as always at this time. gentlemen, fantastic to have you with us. lee, on this news it seems as if the market is getting its hopes up. personally i feel i will believe it when i see it. would you agree? >> yeah. you should wait until this is actually the ink is dried. here's one thing that's really changed in sentiment over the last week, mandy. last week everybody was talking about having this deal baked into the bryce price. now all of a sudden, as if some miracles happened, traders are actually talking about buying more puts and putting on more hedges. i can tell investors out there that it doesn't matter if december 31st we have a deal
so the tax cuts and spending cuts, there's fear of another u.s. debt downgrade by the major rating agencies. >> will that happen, and will it derail any hopes of a real economic recovery? in today's "closing bell" exchange lee munson and jared bernstein, cnbc contributor and former chief economist under vice president joe biden. we'll hopefully get andrew in a second, and we also have rick santelli who joins us as always at this time. gentlemen, fantastic to have you with us....
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Dec 17, 2012
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. >> the big concern we have is at some point the u.s. economy can saturate in terms of iphone 5 sales. we need growth to come from emerging markets. and android is dominating that market. and most are developing content for android first. you look at the asian market which is going to be the pillow of growth long-term. and its apps are going to be inferior to what android is pumping out. once we think samsung and the chinese will outperform apple. >> and what about that, brian? there's plenty of competition as maria points out in the phone business, the tablet business. especially when you consider the price point that they put on their ipad mini. it was much higher than people were anticipating. so does that mean that amazon and google can make more inroads there as well? >> well, we think maybe that apple left some of that business on the table that price sensitive customers will turn towards google and amazon. but we think the ipad mini is good profitability. we thought it would cannibalize larger ipad. now we think they're equivalent
. >> the big concern we have is at some point the u.s. economy can saturate in terms of iphone 5 sales. we need growth to come from emerging markets. and android is dominating that market. and most are developing content for android first. you look at the asian market which is going to be the pillow of growth long-term. and its apps are going to be inferior to what android is pumping out. once we think samsung and the chinese will outperform apple. >> and what about that, brian?...
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Dec 26, 2012
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u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> well, we're getting numbers in. turns out retailers saw the weakest holiday season since 2008 hurt by bad weather and more uncertainty about the rising tax increases that could come next year. we're wondering if the concerns will continue to keep shoppers from spending into 2013. >> let's ask our guests. ladies, thanks so much for having us. i nearly said thank you for having us. thanking you for coming on the show. stacy, here we are day in and day out on the financial news talking about the fiscal cliff, economists talk about the fiscal cliff and politicians talk about t
u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> well, we're getting numbers in. turns out retailers saw the...
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looking at the fickle number, what about u.s. stocks against other opportunities read >. >> all of a sudden up nicely, i think they have been whacked and a goodbye right here. >> they are not transparent enough. many are swirling around, you're okay? >> never you own a monopoly, they don't like to make compromises. liz: december 14 visit 14 is a. >> they are due to get the iphone. liz: what other areas do you like with china? if people are concerned about whether we will see more of a slowdown, what is your number one moneymaker? >> the telecom of australia. the reason they say that is a 6.5% dividend. which is great, up 30% this year. let's say it does nothing over the next four or ffve years and you're collecting the dividend rising at 4% per year, you look at the compound rate, it is 8%. maybe even more. liz: you still have time to be a shareholder of record. >> absolutely. you look at the point of view of other areas to invest. you can own internationally by having u.s. companies. invest internationally would be a theme i thi
looking at the fickle number, what about u.s. stocks against other opportunities read >. >> all of a sudden up nicely, i think they have been whacked and a goodbye right here. >> they are not transparent enough. many are swirling around, you're okay? >> never you own a monopoly, they don't like to make compromises. liz: december 14 visit 14 is a. >> they are due to get the iphone. liz: what other areas do you like with china? if people are concerned about whether we...
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if the u.s. goes off of the fiscal cliff, their budgets, each of the state you live in would run amok especially the comes to funding everyday programs and running the entire state. last week during the governors on the edge series that is exactly what we addressed as we spoke with a number of state governors on this important issue. >> one thing we want to make sure people in washington understand is if all that is done is a cost shifting from the federal government to the state, it doesn't accomplish much because states are not in a position to pick up the extra costs. >> speaking as governor of the stage we execute. we have to get things done. unfortunately congress doesn't. they can throw rocks at each other and leave it for another day and kick the can down the road. governors have to get things done today. we would hope congress will watch the governor's listen to the states. i think we can help him find compromise. liz: governor mark l. will be on neil cavuto tonight at 8:00 p.m. eastern.
if the u.s. goes off of the fiscal cliff, their budgets, each of the state you live in would run amok especially the comes to funding everyday programs and running the entire state. last week during the governors on the edge series that is exactly what we addressed as we spoke with a number of state governors on this important issue. >> one thing we want to make sure people in washington understand is if all that is done is a cost shifting from the federal government to the state, it...
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Dec 14, 2012
12/12
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we do have quite a bit of supply and the u.s. it is going to keep the lid and some of our products like unleaded gas short-term. liz: you know, one of the things that we have not talked about lately is the repercussions of the drought on all lot of what we see as commodities. one of the place that was a very good one, certainly at the beginning of the year and then halfway through this summer was corn, soy, wheat. what is the play here? is that over? >> you want to wait for a pullback because we have a story in those products. not just inflation assets. they're still being affected by the drought. we did not get a soaker of november, which we needed to have replenishing the underwater ground level. now we have a situation where the ground is frozen and we will -- we have more. buy the dips and the grain market. liz: you will know those questions. good to see all of you. thank you so much. joining us on the floor show. first eagle overseas portfolio manager looking at both overseas plays and domestic place. while there is complace
we do have quite a bit of supply and the u.s. it is going to keep the lid and some of our products like unleaded gas short-term. liz: you know, one of the things that we have not talked about lately is the repercussions of the drought on all lot of what we see as commodities. one of the place that was a very good one, certainly at the beginning of the year and then halfway through this summer was corn, soy, wheat. what is the play here? is that over? >> you want to wait for a pullback...
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Dec 31, 2012
12/12
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perversely, the u.s. dollar would benefit as a safe haven currency, perhaps even the pseudo-safe haven japanese yen would benefit temporarily. and then alto the u.s. is downgraded, u.s. treasuries actually stand some room the gain here. liz: okay. but the yen, for example, was falling today. in fact, it hit its lowest level in two years. the dollar's gain against the yen is the best that we've seen in, what, about five or six years? since '05 really, so seven years. what do you like out there. what are if i could ask you to pick two different currency, do you feel if people want that as slice of their investment pie, where should they be putting their money? >> i think the mistake in 2012 is betting against the euro. the fact that it's a, greece exiting the eurozone is going to drag down the euro with it. i don't think that's the way you want to play that this coming year. the euro is supported by trade and investment flows, they keep it on an even keel. where you want to focus are on those currencies tha
perversely, the u.s. dollar would benefit as a safe haven currency, perhaps even the pseudo-safe haven japanese yen would benefit temporarily. and then alto the u.s. is downgraded, u.s. treasuries actually stand some room the gain here. liz: okay. but the yen, for example, was falling today. in fact, it hit its lowest level in two years. the dollar's gain against the yen is the best that we've seen in, what, about five or six years? since '05 really, so seven years. what do you like out there....
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it will boost the u.s. economy $547 billion in just seven years and create jobs, which, of course, we desperately need. >> one report does not make a plan. it is fundamentally flawed. $90 billion at $3 million actually 20 times value that would be under threat if they went ahead and took the recommendations of this report. it ignores the manufacturing sector. if everyone takes a report and puts it in motion, we will see a catastrophic disruption of jobs in this country. liz: not just from the department of energy, particularly on the republican side, they feel like exporting the plentiful u.s. resource will quell all the critics who say we are -- >> we are for free trade. we are for an approach that says let's not destroy the domestic prizing structure. nine out of ten countries in the world that are gas rich look at domestic gas as its first priority. australia exports 90% of its gas point-to-point contracts and is destroyed the manufacturing sector. for an energy rich country, it pays the same as those in
it will boost the u.s. economy $547 billion in just seven years and create jobs, which, of course, we desperately need. >> one report does not make a plan. it is fundamentally flawed. $90 billion at $3 million actually 20 times value that would be under threat if they went ahead and took the recommendations of this report. it ignores the manufacturing sector. if everyone takes a report and puts it in motion, we will see a catastrophic disruption of jobs in this country. liz: not just from...
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Dec 10, 2012
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valuing them at double the price of u.s. print properties on a per point. whether ceo plays on march in the print business. rival to bloomberg and pearson said to be a possible bidder. our boss, rupert murdoch might did. @e is busy spinning off the "wall street journal." liz: the terminal sales, for those who don't know, the terminals they ar that are cove, great moneymaker. those sales are not what they used to be. >> more and more data available on the internet. they are buying up properties and buying up talent like crazy. like an old tarzan film. liz: all of us liked it, we don't have to look and find where the articles continue3 because they don't. >> brevity is key. liz: thank you very much. the closing bell ringing in 29 minutes. good to guess the biggest hit in risk the world economy and financial markets, what would you choose? this matters so much to your monies we thought we would bring in nobel prize winner who won for spotting exactly that type of stuff. he won the nobel prize in economics and he says three potentially scaldinggissues are boili
valuing them at double the price of u.s. print properties on a per point. whether ceo plays on march in the print business. rival to bloomberg and pearson said to be a possible bidder. our boss, rupert murdoch might did. @e is busy spinning off the "wall street journal." liz: the terminal sales, for those who don't know, the terminals they ar that are cove, great moneymaker. those sales are not what they used to be. >> more and more data available on the internet. they are...
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Dec 11, 2012
12/12
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if the u.s., we wanted exposure. we have an agreement with warner brothers because of their investment in hobbit and marketing of it that there's a certain period of time we have to play it for so we counterfeit it in here. i heard great things and looking forward to seeing it. liz: great season, coming up, and a great 2013 with star trek and superman, looking forward to it, rich, thank you so much. >> thank you, liz, see you at the movies. liz: you bet. presales better than expected for with the the hobbit," and we are gaining ground here. we'll be right back. ♪ e in hong ko. tdd#: 1-800-345-2550 after that, it's on toermany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-80345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control cause i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-
if the u.s., we wanted exposure. we have an agreement with warner brothers because of their investment in hobbit and marketing of it that there's a certain period of time we have to play it for so we counterfeit it in here. i heard great things and looking forward to seeing it. liz: great season, coming up, and a great 2013 with star trek and superman, looking forward to it, rich, thank you so much. >> thank you, liz, see you at the movies. liz: you bet. presales better than expected for...
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Dec 14, 2012
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maybe the u.s. is not used as much to the last minute, last night, so we're very confident that a solution will be found. >> you think we will get a solution in the 11th hour? >> absolutely. >> that's how america normally does, it i guess. let me ask you. interesting to look around the world and see austerity everywhere you look. we're looking at this subject, whether it's in the united states, in italy, throughout europe. give us your sense of what's going on with the debt situation in italy right now. news today, of course, that the public debt rose above 2 trillion euro for the first time in october. can the government get the debt under control in italy? >> you know, we started to manage our spending review last year when government took place. there was a huge parliamentary alignment around the agenda of the prime minister because the crisis effect was that there was no alternative, so everyone had to really support an agenda of tackling the control of costs and tackling the reforms that every
maybe the u.s. is not used as much to the last minute, last night, so we're very confident that a solution will be found. >> you think we will get a solution in the 11th hour? >> absolutely. >> that's how america normally does, it i guess. let me ask you. interesting to look around the world and see austerity everywhere you look. we're looking at this subject, whether it's in the united states, in italy, throughout europe. give us your sense of what's going on with the debt...
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Dec 19, 2012
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. >> it still comes back to buying high quality assets which we believe are in the u.s. big -- cap with big brand names with great fundamentals, and they are right here in the u.s.? make that the last word. the bell is ringing. maria will pick up the second half of the "closing bell" in just a moment. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. today fading optimism about a deal to avoid the fiscal cliff weighed on stocks. here's how we're finishing on wall street close to the lows of the day with a decline of the dow jones industrial average of 98 points at 13,252. once again we saw both sides digging n.no deal on the fiscal cliff in washington and stocks sold out. nasdaq composite off a third of a percent and the s&p 500 down 11 points, and the countdown continues. only seven trading days left until the fiscal cliff dead livent was today the beginning of a bigger selloff if a deal does not come soon? joining me right now is a cnbc
. >> it still comes back to buying high quality assets which we believe are in the u.s. big -- cap with big brand names with great fundamentals, and they are right here in the u.s.? make that the last word. the bell is ringing. maria will pick up the second half of the "closing bell" in just a moment. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the floor of the...
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Dec 26, 2012
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the u.s. dollar hit had a two year high against the japanese yen appearing the japanese are printing money, but gold is stuck in a range right now. why is that? >> well, normally, in a time like this, you see it be the flight to safety. ashley: yeah. >> we're seeing the euro dollar. everybody's going there because there's no negative news. hang on to your hats for the gold. i believe we'll see it getting to 1680 week's end and tach that 1700 mark. again, everybody's worried about the two letters, "fc," fiscal cliff, and pulling from the u.s. dollar, the yen is pulling back, the new regem that's in there, they are doing what they need to do, and nobody's going to gold right now. silver is sneaking up slowly, above the $30 range. we'll see that take off. reason for that is we look at china. china's economy is turning the corner. that's also helping with what you folks talked about earlier in the crude oil. see how it plays out. even though it's a light volume week as far as trading -- ashley: st
the u.s. dollar hit had a two year high against the japanese yen appearing the japanese are printing money, but gold is stuck in a range right now. why is that? >> well, normally, in a time like this, you see it be the flight to safety. ashley: yeah. >> we're seeing the euro dollar. everybody's going there because there's no negative news. hang on to your hats for the gold. i believe we'll see it getting to 1680 week's end and tach that 1700 mark. again, everybody's worried about...
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the u.s. isf number hit at 10:00 a.m. eastern and a wave of selling. manufacturing activity contracted in november. they say the factory index came in at 49.5 in november. down from almost 52 and october. keep in mind, any number below 50 means contraction. above 50 equals expansion. investors are still worried about tax treatment and dead deals. exelon, the worst of the bunch our first guest has seen it all. the u.s. economy they fall into a recession next year even if congress strikes a budget deal by year end. joining us from stanford, california, martin feldstein. thank you for being with us. the republicans now responding. negotiations well underway to avoid a fiscal cliff. to your point, you recently said, even if we reach a deal, the economy is still at series risk of a recession. >> that is right. we are looking at and economy that is very weak. growth was very disappointed. less than 2% real gdp growth in 2012. we will be struggling to achieve that next year, even without hitting the
the u.s. isf number hit at 10:00 a.m. eastern and a wave of selling. manufacturing activity contracted in november. they say the factory index came in at 49.5 in november. down from almost 52 and october. keep in mind, any number below 50 means contraction. above 50 equals expansion. investors are still worried about tax treatment and dead deals. exelon, the worst of the bunch our first guest has seen it all. the u.s. economy they fall into a recession next year even if congress strikes a...
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Dec 13, 2012
12/12
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we're talking about whether unions are ruining the u.s. economy? and three of wall street's top stock pickers come up who will give you a game plan and moments away from the president's and speaker boehner's meeting at white house. stay with us. or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone level
we're talking about whether unions are ruining the u.s. economy? and three of wall street's top stock pickers come up who will give you a game plan and moments away from the president's and speaker boehner's meeting at white house. stay with us. or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what...
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Dec 27, 2012
12/12
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there are pockets in the u.s. equity market that look attractive. energy particularly as well as technology, even health care to some degree. both for yield and investors as well as those looking for capital growth but increasingly because risks are receding on a global basis we're suggesting investors pivot to non-u.s. equities. international markets look very appealing right now. ashley: what about the targets on s&p, best worst scenario? >> we best-case scenario of 1545 on the s&p 500. ashley: okay. >> 8 t0 10% or so out of the money. ashley: right now 1414. >> it is. and that would imply mid to upper single-digit earnings growth and very little in the way of multiple expansion to get to that kind of a figure. on more optimistic case, we have 1680 out there. ashley: that is optimistic. >> well it is. it is scenario majority of probability for us but nonetheless we put it on the table in the context of us getting past the fiscal cliff, seeing increase in certainty, risk continue to abate internationally. and as a consequence earnings growth couple
there are pockets in the u.s. equity market that look attractive. energy particularly as well as technology, even health care to some degree. both for yield and investors as well as those looking for capital growth but increasingly because risks are receding on a global basis we're suggesting investors pivot to non-u.s. equities. international markets look very appealing right now. ashley: what about the targets on s&p, best worst scenario? >> we best-case scenario of 1545 on the...
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Dec 12, 2012
12/12
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exports and u.s. firms, but number two, the uncertainty that small businesses in particular face and their reluctance to expand. on the one hand we think it's a little better growth than we've seen, but we think the uncertainties that smaller businesses in particular face is going to keep a lid on growth, and so what we see is an extension of the rather slow-growth environment had a we've seen that will help propel equity prices higher but not dramatically over the next year or two. >> bob pisani likened the fiscal cliff to y2k, and it is to a certain degree, at least in terms of decision and hiring and that kind of thing, it's creating some kind of paralysis. you talked to the traders here on the floor of the stock exchange. is it creating paralysis for them as well? they are not making any big bets until they know what happened. >> y2k created a lot of talk but didn't have impact on the stock market. i was here for that. the fiscal cliff has more impact, and it did today. i watched what the markets
exports and u.s. firms, but number two, the uncertainty that small businesses in particular face and their reluctance to expand. on the one hand we think it's a little better growth than we've seen, but we think the uncertainties that smaller businesses in particular face is going to keep a lid on growth, and so what we see is an extension of the rather slow-growth environment had a we've seen that will help propel equity prices higher but not dramatically over the next year or two. >>...
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Dec 19, 2012
12/12
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that has occurred in the past u.s. solar companies because it is an unfavorable landscape but you see these names of looking good. guggenheim solar e t f 5% today and up 35% over the past month alone. these things are very volatile, got to be careful. less than a week after the connecticut shooting that killed 26 including 20 very young children, done stocks which the a huge dive over the past three days are making a come back from their initial pull back of starting on friday now all for a trustee of new york city's largest public pension is calling for the fund to get out of guns. joining me in a first on fox business interviews new york city public advocate bill believe you. ; ram your hand. told a. >> i send this to initiate divestment actions from all five city pension funds with combined assets of $115 billion and it is time to get out of the gun industry. i said as a parent and public servant. this is a watershed moment in american history. it is tragic that it took this to bring us to the understanding we had t
that has occurred in the past u.s. solar companies because it is an unfavorable landscape but you see these names of looking good. guggenheim solar e t f 5% today and up 35% over the past month alone. these things are very volatile, got to be careful. less than a week after the connecticut shooting that killed 26 including 20 very young children, done stocks which the a huge dive over the past three days are making a come back from their initial pull back of starting on friday now all for a...
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Dec 10, 2012
12/12
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>>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reagan is on top of that story. >> today is a big day when it comes to holiday shipping and spending. it's fedex's busiest day of the year counting all the orders. ceo estimates it will move a record 19 million parcels today. that's up 11% from last year. part of the reason for the increase is the boom in online sales. the more people click, the more fedex ships. they are shipping millions of gifts ordered on cyber monday. the second monday of december or green monday as coined by ebay is usually the heaviest of the month. last year green monday was walmart.com's heaviest traffic day in december. the world's largest retailer again offering special deals today hoping history repeats itself and shoppers have yet another reason to spend. comscore expects more than $1 billion will be spent online today. >> despite the expectations for online holiday sales, some a
>>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reagan is on top of that story. >> today is a big day when it comes to holiday shipping and spending. it's fedex's busiest day of the year counting all the orders. ceo estimates it will move a record 19 million parcels today. that's up 11% from last year. part of the reason for the increase is the boom in...
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Dec 18, 2012
12/12
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right now there are 40 dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest host ken langone. you're very critical of high-frequency trading saying it benefits the few at the expense of many. why in. >> that's correct. you have a very few number of constituents, and this is very much of a zero sum game, and they make their money at the expense of all of those folks who are investors who invest in the mutual funds and the pension funds, and the most important thing that we need to reinstill in this country is investor confidence. >> yeah. >> unfortunately, all of the major blow ups, recently the flash crash, facebook or the knight fiasco are interrelated with high-frequency
right now there are 40 dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest...
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Dec 26, 2012
12/12
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gift card in the u.s. are so lop lar that if you lied the cars sold last year ent to ent, they would total just how much? we'll tell you nicks. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or th
gift card in the u.s. are so lop lar that if you lied the cars sold last year ent to ent, they would total just how much? we'll tell you nicks. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious....
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Dec 20, 2012
12/12
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wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate
wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he's going to apply testosterone to his...
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Dec 21, 2012
12/12
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i mean, you know that the u.s. economy is doing better. we know there will be a solution. it might take a little more time. i'm not going lore a grand bargain next week nor am i looking for the collapse of any negotiations, but i think there will always be a compromise and with a comp mooig mice comes opportunity. >> it's amazing to me, though, that this is taking so much time. dean, do you think we've seen an impact to the economy going into 2013 as a result of anticipation and inability on the part of or r on the part of business executives to put plans in place, hire new folks because they don't know what their tax rates are going to be, they don't know what's happening in washington? has it already taken an impact? >> i think that's fair to say. we have seen capital spending be weaker than it would have been otherwise if there hadn't been these worries about the fiscal cliff. i think that the worry, though, that the economy was going to tank in the second half of the year, something like 1% that many people were expecting, that's proving not to be true. and the key rea
i mean, you know that the u.s. economy is doing better. we know there will be a solution. it might take a little more time. i'm not going lore a grand bargain next week nor am i looking for the collapse of any negotiations, but i think there will always be a compromise and with a comp mooig mice comes opportunity. >> it's amazing to me, though, that this is taking so much time. dean, do you think we've seen an impact to the economy going into 2013 as a result of anticipation and inability...
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coming up about tim cook who now leads the company saying we're going to bring back manufacturing to the u.s., he's finally giving interviews, but nonetheless didn't really do that much for the sttck, did it, nicole? she's on the floor of the new york stock exchange looking at a whole bunch of names. >> reporter: that's right. we were talking about akamai earlier and the demand for
coming up about tim cook who now leads the company saying we're going to bring back manufacturing to the u.s., he's finally giving interviews, but nonetheless didn't really do that much for the sttck, did it, nicole? she's on the floor of the new york stock exchange looking at a whole bunch of names. >> reporter: that's right. we were talking about akamai earlier and the demand for